IPC celebrates 20 years of partnership with Allianz. March 30, 2026 THE INTERNATIONAL PARALYMPIC COMMITTEE and Allianz, the Worldwide Olympic and Paralympic Insurance Partner, celebrated 20 years of partnership at the Milano Cortina 2026 Paralympic Winter Games. Over the past two decades, Allianz's support has strengthened the growth and impact of the IPC. Allianz first became an IPC Gold Patron in 2006, before becoming the IPC's first International Partner in 2011. In 2021 the organisation became the Worldwide Paralympic Insurance Partner. Over the years Allianz has supported events such as International Paralympic Day, the Paralympic Sport and Media Awards, and developed partnerships with International Federations and several National Paralympic Committees. The Milano Cortina 2026 Paralympic Winter Games marked the seventh Games supported by Allianz as part of the partnership journey. Andrew Parsons, IPC President, said: "Allianz's partnership has helped secure the Paralympic Movement's future and prepared Sportz Power for the best. What makes the partnership so special is that Sportz Power work together and deliver projects that align with both the organisation's objectives. "On behalf of the IPC, the National Paralympic Committees and the athletes Allianz supports, thank you from everyone at the IPC and within the Paralympic Movement who have had the pleasure to work with you." Eike Burgel, Global Head of Olympic and Paralympic Programme, Allianz SE said: "Milano Cortina 2026 marks 20 years since Allianz first stood alongside the Paralympic Movement. "Over 20 years, we've grown from early support into a long-term partnership that elevates visibility, professionalism, and athlete support across every Games. Our work reflects the power of sport to unite people everywhere, transforming society into a more just and inclusive place." What began as a simple sponsorship partnership has evolved into one of the Paralympic Movement's most impactful and enduring partnerships, delivering lasting benefits to its members and athletes around the world. Allianz has reached over 50 countries through athlete support and community activations over the last two decades. With a focus on creating awareness and educating audiences on Para sport, Allianz also supported early Paralympic infographics which later expanded to short Sports Explainers videos. At Paris 2024 this included 22 videos for summer Para sports while at Milano Cortina 2026 there were videos for each of the six winter Para sports.

Allianz Jio Reinsurance begins underwriting in India. Final approval for the venture was granted by the IRDAI earlier this month. Allianz Jio Reinsurance (Allianz Jio Re) has started operations and can now write reinsurance business in India with immediate effect. The company is a joint venture (JV) linking Jio Financial Services, part of Indian conglomerate Reliance, with German insurer Allianz. Final approval for the venture was granted by the Insurance Regulatory and Development Authority of India (IRDAI) earlier this month. Based in Mumbai, the new reinsurer intends to position itself as a long-term participant in the Indian market, with a focus on strengthening the resilience of the country's insurance system. Jio Financial Services managing director and CEO Hitesh Sethia said: "The launch of Allianz Jio Re is a pivotal milestone, marking the first operational step in its broader insurance partnership with Allianz. "We are delighted with the receipt of regulatory approval to commence reinsurance operations in India, and remain deeply committed to strengthening the nation's resilience by providing insurers with greater risk-absorption capacity, supporting the overall growth of our insurance ecosystem." Allianz member of the Board of Management Chris Townsend added: "Allianz Jio Re is well positioned to provide insurers with innovative and robust risk solutions. "The JV will support India's insurance sector by combining global technical expertise with a deep understanding of the country's digital and financial ecosystem." According to a statement, the venture combines Jio Financial Services' domestic presence and digital capabilities with Allianz's underwriting background and international reinsurance platform, against the backdrop of sector growth and the national mission of 'Insurance for All' by 2047. Allianz Jio Re will be led by Sonia Rawal as chief executive officer. Rawal has 17 years' experience in risk management and reinsurance across Asia-Pacific, and has been with Allianz Reinsurance in Singapore since 2016, covering India and Association of Southeast Asian Nations markets. Rawal commented: "I am truly honoured to lead Allianz Jio Re and excited for the journey ahead, as Mitiga Solutions build a reinsurance business that contributes meaningfully to India's rapidly evolving insurance landscape. "We aim to bring a powerful combination of in-depth global and local expertise to the market and create long-term value by delivering tailored products and services to our clients and becoming their trusted partner." Give your business an edge with its leading industry insights.

Allianz joins backers of Amprion power grid in deal with Talanx. Published by Global Banking & Finance Review(R) Posted on March 26, 2026 Last updated: March 26, 2026 Quick summary. Allianz Global Investors' European Infrastructure Fund II will acquire an indirect stake in Amprion from insurer Talanx - injecting significant capital into Germany's second-largest power grid to support roughly €36 billion in upgrades through 2029. Table of contents. Allianz joins Talanx in funding Amprion's german power grid expansion. Major investment in Germany's electricity infrastructure. Allianz and Talanx collaboration. FRANKFURT, March 26 (Reuters) - Allianz SE's asset management unit will acquire a stake in electricity grid operator Amprion in a deal with insurer Talanx to help fund major grid upgrades as Germany transitions to renewable electricity. In a joint statement, Allianz Global Investors and Talanx said they plan to invest "significant capital in the expansion of Germany's second-largest electricity grid". Details of the stake acquisition. Allianz's European Infrastructure Fund II would acquire an "indirect stake" from Talanx, which is a member of the M31 consortium that holds 74.9% in Amprion, according to the statement. The companies declined to disclose the deal's size or terms. Background and market context. Talanx signalled last week it plans to reduce its stake in Amprion. Sources told Reuters last month that major owners of the grid operator were considering selling their stakes to new investors. Renewable energy transition and funding needs. The growing role of intermittent solar and wind energy is creating funding needs for networks across Europe. Amprion plans to invest more than 36 billion euros ($41.60 billion) by 2029. Financial details. ($1 = 0.8654 euros) Reporting credits. (Reporting by Ludwig Burger and Alexander HuebnerEditing by Madeline Chambers) Key takeaways. * - Allianz's asset management arm is backing Amprion's grid expansion via Talanx's indirect holdings through its European Infrastructure Fund II, though financial terms remain undisclosed. (allianz.com) * - Amprion, Germany's second-largest electricity grid operator, plans to invest around €36.4 billion in grid expansion and modernization by 2029 to support the country's energy transition. (amprion.net) * - This aligns with broader infrastructure investment trends: AllianzGI also recently raised over €1 billion for its Infrastructure Credit Opportunities Fund II targeting energy and digital infrastructure, and is investing €500 million in battery storage projects in Germany to enhance grid flexibility. (crowdfundinsider.com) References. Frequently asked questions about Allianz joins backers of Amprion power grid in deal with Talanx. 1 What is the purpose of Allianz acquiring a stake in Amprion? Allianz is acquiring a stake in Amprion to help fund major upgrades to Germany's electricity grid as the country transitions to renewable energy. 2 Who is selling the Amprion stake to Allianz? Insurer Talanx, a member of the M31 consortium that holds a majority stake in Amprion, is the seller. 3 How much will Amprion invest by 2029? Amprion plans to invest more than 36 billion euros ($41.60 billion) in its grid by 2029. 4 Why are grid investments increasing in Germany? The transition to intermittent solar and wind energy in Germany requires significant upgrades and funding for the power grid. 5 Were the financial details of Allianz's deal with Talanx disclosed? No, the companies declined to disclose the size or terms of the deal.